"Banking" tag
cuba-us-banking-marketexpress-in

Why did the US open up banking to Cuba’s private sector?

As Cuba faces a social and economic crisis, the United States has enabled more financial support for private businesses in the country in a boost to Internet-based services and financial services. The US Treasury’s regulatory...

us-hedge-fund-deutsche-bank-marketexpress-in

US hedge fund buys major stake in Deutsche Bank

Hudson Executive has built a 3.1-percent stake in Germany’s biggest lender to become one of its major shareholders. The New York-based fund said it believed in CEO Christian Sewing to turn around the ailing business....

bankruptcy-code-2016-insolvency-marketexpress-in

Bankruptcy Code, 2016 – Key Developments

A new dawn in India’s Ailing Banking Sector? A quick fix to broken banks? A game changer? Well, these were just a few phrases that described the much celebrated Insolvency & Bankruptcy code (IBC) that...

bitcoin-goldman-sachs-marketexpress-in

Trading in bitcoins may be coming soon to Goldman Sach

Top Wall Street bank Goldman Sachs is considering launching a trading operation in bitcoins possibly pushing the digital currency into the mainstream. It would be the first big bank to do so. Goldman Sachs is...

payments-banking-india-marketexpress-in

Payments Banking – A way Forward for Financial Inclusion

A quiet financial revolution has begun in India. Reserve Bank of India, India’s central bank, has granted permission to set up payment banks to 11 Indian companies. This is with the objective of bringing new...

Indian Banking Story MarketExpress-in

Indian Banking – A story of dramatic statistical spins & turns

The Indian Bank’s Association’s data on the Indian banking sector’s Business Per Employee (BPE) and Profit Per Employee (PPE) between 2012-2014 throws open some interesting patterns. The data compares the performance of 13 major PSBs...

kotak mahindra bank MarketExpress-in

Kotak’s Mobile Banking App – Banking on the Move

There was a time when carrying out a banking transaction involved visits to overcrowded banks with long queues in front of the counters. Today, the combination of smart phone, wireless Internet and mobile banking application...

instant pin generation-MarketExpress-in

Instant Pin Generation – Hero at the Time of Crisis

Debit cards are assigned to help you withdraw money from your bank account anytime anywhere. For accessing your money, you’ll require a personal identification number (PIN). These days, no matter where you use your debit...

new age banking marketexpress-in

Catching Up with New-Age Banking Facilities

Not so long ago, bankers were looked upon as fatherly figures, giving sound advice on handling our finances. Today’s generation is more likely to seek advice from friends and trust its social networks. This transformation...

china banking MarketExpress-in

China’s central bank: Learning by doing

China’s central bank first cut the flow of money, then flooded the market. It will be making even more adjustments as it revamps the country’s complicated financial system, says DW columnist Frank Sieren. China’s Central...

Financial-Inclusion-MarketExpress

Financial Inclusion: The Real Challenge of India

It is proven fact that financial inclusion & financial literacy is an effective way for “Poverty Alleviation”. The objective of financial inclusion is to meet the expectation of the unbanked and excluded, yet silent mass...

Upside of Hedging - MarketExpress

Indian Banks and upside of hedging

In an ever-volatile environment, banks can have tremendous losses if they don’t hedge against the risks. Against the frequent changes of interest rates by the central bank, banks  are left with no choice but to...